JXMNF (Jaxon Mining) LT-Debt-to-Total-Asset: 0.00 (As of Oct. 2023)


What is Jaxon Mining LT-Debt-to-Total-Asset?

Jaxon Mining JXMNF -99.99% LT-Debt-to-Total-Asset is 0.00 as of Oct. 2023.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Jaxon Mining's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.00.

Jaxon Mining's long-term debt to total assets ratio declined from Oct. 2022 (0.00) to Oct. 2023 (0.00). It may suggest that Jaxon Mining is progressively becoming less dependent on debt to grow their business.

Jaxon Mining  (OTCPK:JXMNF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Jaxon Mining LT-Debt-to-Total-Asset Related Terms

Jaxon Mining LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Jaxon Mining's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jaxon Mining LT-Debt-to-Total-Asset Chart

Jaxon Mining Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.02 0.01 0.00

Jaxon Mining Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Jaxon Mining LT-Debt-to-Total-Asset Calculation

Jaxon Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

LT Debt to Total Assets (A: Jan. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2023 )/Total Assets (A: Jan. 2023 )
=0/6.017
=

Jaxon Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )/Total Assets (Q: Oct. 2023 )
=0/5.34
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Jaxon Mining (JXMNF) has a LT-Debt-to-Total-Asset of 0.00 as of Oct. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Jaxon Mining and its competitors.
Is Jaxon Mining's LT-Debt-to-Total-Asset too high?
Jaxon Mining's current LT-Debt-to-Total-Asset is 0.00.
How does Jaxon Mining's LT-Debt-to-Total-Asset compare to ENRT and ATAO?
Jaxon Mining's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Jaxon Mining and its competitors. Jaxon Mining's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaxon Mining stock overvalued right now?
Jaxon Mining (JXMNF) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Jaxon Mining (JXMNF), the current LT-Debt-to-Total-Asset is 0.00 as of Oct. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jaxon Mining Business Description

Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Jaxon Mining Inc is a mineral exploration and development company. Its projects include Res Springs, Blunt Mountain, Kispiox Mountain, Netalzul Mountain, and Max Project.